Performant Financial Corporation PFMT
At closeDec 17, 2024, 4:00 PM EST
52-week range unavailable
- Market cap
- 278.72M
- Revenue (ttm)
- 120.78M
- Profit margin
- -6.74%
- Shares out
- 78.29M
- Forward P/E
- 118.67
- Volume
- 155.79K
- Open
- 3.68
- Previous close
- 3.56
- Day's range
- 3.51 – 3.68
- Beta
- 0.14
- Price target
- 7.00 (+96.6%)
- Earnings date
- Nov 6, 2024
2Y -1.09 (-25.47%)
Key statistics
- Enterprise value
- 250.84M
- PEG ratio
- 0.00
- Price / sales
- 2.31
- Price / book
- 3.70
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- 5.20%
- Free cash flow
- -1.67M
- Total cash
- 7.78M
- Total debt
- 8.87M
- Return on equity
- -10.60%
- Short % of float
- 2.09%
- 50-day average
- 3.46
- 200-day average
- 3.23
Analyst view
- Target (low)
- 6.00
- Target (mean)
- 7.00
- Target (high)
- 8.00
- Strong buy0
- Buy3
- Hold0
- Sell0
- Strong sell0
Next earnings
Nov 6, 2024
Expected Nov 6, 2024. Consensus EPS estimate 0.00333.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 6, 2024 | Sep 1, 2024 | -0.02 | — | — | — |
| Aug 7, 2024 | Jun 1, 2024 | -0.04 | — | — | — |
| May 7, 2024 | Mar 1, 2024 | 0.00 | — | — | — |
| Mar 12, 2024 | Dec 1, 2023 | 0.00 | — | — | — |
| Nov 7, 2023 | Sep 1, 2023 | 0.00 | — | — | — |
| Aug 8, 2023 | Jun 1, 2023 | 0.00 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 7, 2024 | B. Riley Securities | main | Buy | Buy |
| Jul 25, 2024 | B. Riley Securities | init | — | Buy |
| Jul 7, 2021 | Craig-Hallum | init | — | Buy |
| Jun 4, 2021 | Colliers Securities | init | — | Buy |
| Jan 12, 2018 | Compass Point | up | Neutral | Buy |
| Dec 12, 2016 | Compass Point | down | Buy | Neutral |
About Performant Financial Corporation
Performant Healthcare, Inc. provides technology-enabled payment integrity, eligibility, and related analytics services. It supports healthcare payers in identifying, preventing, and recovering waste and improper payments through advanced technology, analytics, and proprietary data assets. The company offers coordination-of-benefits services, as well as claims-based services, which includes the audit and identification of improperly paid claims. It also provides advanced reporting capabilities, support services, customer care, and stakeholder training programs to mitigate future instances of improper payments. The company was formerly known as Performant Financial Corporation and changed its name to Performant Healthcare, Inc. in December 2024. Performant Healthcare, Inc. was founded in 1976 and is headquartered in Plantation, Florida.
- Sector
- Healthcare
- Industry
- Health Information Services
- Country
- United States
- Website
- performantcorp.com
News
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Earnings Scheduled For November 7, 2023 
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- Earnings Scheduled For May 9, 2023
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| IM LISA C | Director | Sale | Dec 9, 2024 | 1,410,280 |
| JOHNSTON IAN | Officer | Conversion of Exercise of derivative security | Sep 6, 2023 | 278,093 |
| KOHL SIMEON M | Chief Executive Officer | Conversion of Exercise of derivative security | Aug 13, 2024 | 424,824 |
| PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | Beneficial Owner of more than 10% of a Class of Security | Purchase | May 9, 2023 | 0 |
| RAMCHANDANI ROHIT | Chief Financial Officer | Conversion of Exercise of derivative security | Aug 13, 2024 | 211,276 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Prescott Group Capital Management, L.L.C. | 20.17% | 15,793,291 | 56.22M | Sep 29, 2024 |
| First Light Asset Management, LLC | 14.32% | 11,210,400 | 39.91M | Sep 29, 2024 |
| Blackrock Inc. | 6.19% | 4,846,384 | 17.25M | Sep 29, 2024 |
| Vanguard Group Inc | 4.92% | 3,849,969 | 13.71M | Sep 29, 2024 |
| Mill Road Capital Management Llc | 4.17% | 3,261,675 | 11.61M | Sep 29, 2024 |
| Punch & Associates Investment Management, Inc. | 3.69% | 2,885,200 | 10.27M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.82% | 2,207,671 | 7.86M | Sep 29, 2024 |
| First Eagle Small Opportunity Fund | 2.61% | 2,045,820 | 7.28M | Jul 30, 2024 |
| iShares Russell 2000 ETF | 2.29% | 1,790,525 | 6.37M | Sep 29, 2024 |
| Vanguard Extended Market Index Fund | 1.32% | 1,035,958 | 3.69M | Sep 29, 2024 |
| Fidelity Small Cap Index Fund | 0.93% | 727,666 | 2.59M | Aug 30, 2024 |
| iShares Russell 2000 Growth ETF | 0.56% | 442,046 | 1.57M | Sep 29, 2024 |